Search
PayPal, Salesforce contribute to TRM Labs’ $14M investment round
17.6.2021
The venture funds of both companies joined Bessemer and others in financing another strategic investment round for TRM Labs
Bitdao Collects $230 Million in Private Capital From Investors
17.6.2021
As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi...
Yield Guild Games doubles down on play-to-earn model with $4M funding round
16.6.2021
The Series A funding round was led by BITKRAFT Ventures, an esports-focused venture capital firm. A.Capital Ventures, IDEO, CoLab, Mechanism Capital and ParaFi Capital also participated in the raise, as did several angel investors
Bybit-backed BitDAO Announces USD 230M Funding Round to Fuel R&D
16.6.2021
The recently created decentralized autonomous organization (DAO) BitDAO says it has raised over USD 230m from a private sale funding round.
In a press release shared with Cryptonews.com, the DeFi group stated that it had received support from the likes of Peter Thiel, the Founders Fund, Pantera...
New DAO launches after $230M funding round including Peter Thiel, Alan Howard
16.6.2021
A new decentralized autonomous organization, BitDAO, announced its launch with a $230 million private sale and major contributions from Singapore-based Bybit
Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans to ‘Launch a Mobile Application’
16.6.2021
The decentralized exchange (dex) Dydx announced the organization has raised $65 million in a Series C funding round led by Paradigm. The Dydx announcement notes that the additional capital will be leveraged to “significantly improve liquidity” on the dex platform “through...
China-based Rangers Protocol raises $63M via private equity round
14.6.2021
Rocket Protocol has been rebranded to Rangers Protocol after completing a major investment round. Pantera, Huobi Ventures Blockchain Fund and Alameda Research are among the backers
Cuba’s Central Bank Suspends US Dollar Deposits Nationwide – Officials Cite Embargo ‘Obstacles’
13.6.2021
The Republic of Cuba is suspending the use of U.S. dollars due to embargo restrictions with U.S. and foreign banks. The central bank of Cuba’s restrictions stems from the “obstacles that the U.S. embargo creates for the national bank system.” Cuba Bans USD Deposits, BCC Tells...
China Arrests 1,100 People Allegedly Using Cryptocurrency to Launder Criminal Proceeds
10.6.2021
Chinese authorities have announced that more than 170 criminal gangs have been eliminated and over 1,100 suspects arrested in the latest round of crackdown on criminal groups providing cryptocurrency money laundering services for telecom fraudsters. Crackdown on Telecom Fraud Using Cryptocurrency...
Bitcoin miner Luxor eyes North American expansion with $5M funding round
10.6.2021
Luxor and NYDIG have teamed up to foster growth for the North American crypto mining industry
Goldman Sachs backs $28M funding round for Blockdaemon
9.6.2021
Goldman Sachs has backed a Series A $28 million funding round for Blockdaemon, and invested $5 million in the blockchain infrastructure firm
Solana Aims to Raise $450 Million to Battle Ethereum Supremacy
8.6.2021
Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy...
African Fintech Start-up Chipper Cash Raises $100 Million — CEO Says No Crypto Services for Nigeria
6.6.2021
Chipper Cash, an African fintech firm that specializes in facilitating cross-border payments, recently closed a $100 million Series C funding round. Taking the lead in what is now Chipper Cash‘s third fundraising round in the past twelve months is the venture capital (VC) firm, SVB Capital....
New Crypto FUD Round Incoming as US Gunning for Ransomware Crackdown
4.6.2021
United States politicians appear to have a new stick to beat the crypto sector with – as they prepare an onslaught on ransomware and crypto payments to criminal groups.
Per Reuters, a senior official at the Department of Justice (DOJ) confirmed that the department is set to elevate the status...
Relief Payments Coming? 80 Legislators Press Biden Administration for a Fourth Round of Stimulus
1.6.2021
Rumors of a fourth and possible fifth round of direct stimulus checks have become a hot conversation topic this week, as lawmakers are urging the President to act. Over 80 U.S. legislators have sent letters to President Joe Biden and Vice President Kamala Harris asking the administration to push...
Pandora Raises $2.4M From Industry Heavyweights to Bridge off-Chain Assets to Open Finance via NFTs
29.5.2021
PRESS RELEASE. Pandora Finance (https://pandora.finance/) announced that they have successfully closed their $2.4m seed round. The Pandora team received pledges from some of the most visible investors within the crypto space, and closed the round oversubscribed by manifolds. Overview of strategic...
Crypto Savings Platform Ledn Raises $30 Million in Latest Funding Round
28.5.2021
Ledn, a cryptocurrency lending and savings platform based in Canada, has managed to raise $30 million in its latest funding round. The money raised will be used to expand its offer of lending products, and to expand its reach in more countries. Ledn could take advantage of the recent problems that...
Andreessen Horowitz leads $40M investment round into crypto-trading platform
27.5.2021
Talos seeks to accelerate institutional adoption of digital assets. It now has some of the industry’s biggest backers supporting its mission
Realm Closes $2.25M for Seed Investment to Build NFT Powered Microverses
25.5.2021
PRESS RELEASE. Realm, a new NFT microverse platform, has closed its first investment round at $2.25M led by Alphabit with strategic investments from NGC, Genesis Block Ventures, LD Capital, Moonrock, and SL2 amongst other funds. Realm aims to challenge the current NFT platforms by offering creators...
Bware Labs Closes Pvt Invest Round With 5X Oversubscription
25.5.2021
The blockchain sector is achieving mass success globally, all thanks to projects like Bware Labs. Bware Labs recently closed its private investment round, where the platform received over 5 times more subscriptions than intended. Its private sales amounted to a whopping 1.2 million dollars...